Financial Model Risk Management Lead

Affirm
Canada, United States
Workplace: RemoteFull timeUSD 164,000 - 245,000 annuallyFunction: Legal, Risk & ComplianceExperience: 4-6 yearsSkills: ["Detail-oriented","Critical thinking","Structured problem-solving","Communication","Stakeholder influence","Cross-functional collaboration"]

Join the Model Risk Management (MRM) team as a lead validator for Finance and Analytics models. You’ll independently challenge and monitor high-complexity models (e.g., ALM, allowance/loss forecasting, loan transition models, and corporate financial planning), lead end-to-end validation engagements, and clearly communicate findings to technical and non-technical stakeholders. Partner across Finance, Quant Research, Growth Analytics, and Internal Audit/Compliance to remediate issues and strengthen model governance.

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Affirm
Affirm
1 day ago

Financial Model Risk Management Lead

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Job Summary

Join the Model Risk Management (MRM) team as a lead validator for Finance and Analytics models. You’ll independently challenge and monitor high-complexity models (e.g., ALM, allowance/loss forecasting, loan transition models, and corporate financial planning), lead end-to-end validation engagements, and clearly communicate findings to technical and non-technical stakeholders. Partner across Finance, Quant Research, Growth Analytics, and Internal Audit/Compliance to remediate issues and strengthen model governance.
Location: Canada, United States
Workplace: Remote
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Perform independent challenges and ongoing monitoring of financial and analytics quantitative models including ALM, allowance/loss forecasting, loan transition models, corporate financial planning models, and decision-support analytics.
  • •Lead end-to-end validation engagements on high-complexity, high-criticality models.
  • •Identify model weaknesses, limitations, and improvement opportunities and articulate findings clearly to technical and non-technical stakeholders.
  • •Collaborate with model owners and stakeholders across Finance, Quantitative Research, and Growth Analytics to remediate validation findings and strengthen model governance.
  • •Partner cross-functionally to implement and maintain the MRM framework and ensure timely resolution of audit, regulatory, and examiner requests.

Pay and Benefits

Salary: USD 164,000 - 245,000 annually
Equity and Bonus:Equity
Perks:Health InsuranceDentalVisionRemote WorkEspp

Key Requirements

  • •4–6 years of professional experience in model development, model validation, quantitative finance, or data analytics, with meaningful exposure to financial and/or analytics model validation.
  • •Deep knowledge of corporate finance, treasury, ALM, and/or actuarial/statistical forecasting.
  • •Experience with scripting languages (e.g., Python) and large-scale datasets (e.g., SQL), and comfort reviewing models in Excel, Python, Databricks, or similar environments.
  • •Experience with statistical modeling, time-series forecasting, simulation, and/or machine learning techniques as applied to finance and analytics.
  • •BS, MS, or PhD in a quantitative field such as Quantitative Finance, Financial Engineering, Mathematics, Statistics, Economics, Computer Science, or Data Science.
Experience:4-6 yearsFinancial servicesCredit riskModel riskData analytics
Education:
Skills:Detail-orientedCritical thinkingStructured problem-solvingCommunicationStakeholder influenceCross-functional collaboration
Languages:English
Tech Stack:PythonSQLExcelDatabricks

Company Brief

Affirm
Provides point-of-sale lending and buy-now-pay-later (BNPL) solutions for consumers and merchants, enabling installment payments, consumer financing, and embedded financial services through APIs and partnerships with retailers and platforms.
Industry: Lending
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: San Francisco, United States
Founded: 2012
WebsiteLinkedIn